Deals, Investments & M&As
Fidelity Investments Fulfills Promise To Add Bitcoin, Litecoin And Ethereum
Avi Mizrahi - Finance Magnates
Fidelity Allows Clients To See Digital Currencies On Is Website
Anna Irrera - Reuters
Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase.
FAO: Abigail Johnson kept her promise from Consensus 2017 (reported here during our soft launch). I bet this is just the beginning. We will be closely watching this partnership and also Fidelity’s competitors next moves.
Cryptocurrencies
Ethereum Is Coding's New Wild West
Gabriel Nicholas - Wired
Ethereum is more than a new type of digital currency, it is a new type of distributed computer—one that no one controls but inside which anyone can see. On this computer, a new generation of applications, called “DApps,” is being born.
FAO: Today’s must read.
NEO Completes Rebranding; Announces Blockchain Partnerships
Chris Zhou - Bitcoin Magazine
NEO Blockchain, China’s first original public chain project, has announced the completion of rebranding efforts from its former Antshares identity. Furthermore, NEO has upgraded its blockchain nodes, technical documents, social media, official site and exchange name worldwide, representing the transition from Antshares 1.0 to the NEO smart contract system 2.0.
FAO: NEO was previously known as Antshares. We have covered Neo’s development in one of our previous bulletin - check it here.
*More content in this section on our Blockchain Daily News website.
Exchanges & Trading Venues
Nasdaq (press release)
SIX Swiss Exchange and Nasdaq, Inc. have announced that Nasdaq, in collaboration with its technology partner Chain, will provide distributed ledger technology (DLT) for a Minimum Viable Product (MVP) for SIX's OTC structured products business. The solution will integrate with several systems currently managed by SIX and utilize the DLT capabilities at the core of the Nasdaq Financial Framework, Nasdaq's next-generation enterprise architecture stack.
FAO: The official announcement for the Nasdaq-SIX blockchain partnership reported a week ago.
Latest Developments & Agreements
Could This Blockchain In Korea Be The First To Connect An Entire Country?
Elaine Ramirez - Forbes
While hundreds of blockchain projects are cropping up around the world, the technology’s true potential to seamlessly share information is still largely untapped. In South Korea, one company is vying to be the first to connect the country through a massive-scale blockchain, and it's already gaining momentum.
FAO: One of the most interesting projects lately. We can offer more information regarding this project. Contact us if interested.
New Generation Of Economy Via Blockchain Technology
PR Newswire
The development of advanced IT technologies provides us with new, ultra-fast and powerful tools that make it possible to efficiently conduct business processes, optimize resource costs, create and store accounting records and simplify everyday tasks, turning them into a simple, low-cost process that does not require significant effort.
KBank And IBM Develop Blockchain-Based Letter Of Guarantee Service
Business Insider
IBM and KASIKORNBANK Public Company Limited, one of Thailand's largest banks, announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The new solution is designed to help simplify and expedite procedures for KBank's Letter of Guarantee process, with the goal of improving the customer experience, strengthening security and reducing costs for clients and the bank.
FAO: We had a good piece last month. IBM Director Nitin Gaur provided a mini-roadmap to global governments that are exploring Blockchain.
Regulation
Bipartisan Push For The Reserve Bank To Back Australian Bitcoin
Eryk Bagshaw - The Sydney Morning Herald
Labor and Coalition senators have crossed the political divide to call on the Reserve Bank to embrace bitcoins as an official form of currency or risk the future competitiveness of Australia's $145 billion a year financial services industry.
FAO: Fair suck of the sav! The effects of regional competition. We can easily observe a BIG PUSH in fintech and blockchain in Australia, having reported at least a dozen articles since our launch. Go Aussies!
Startups, Accelerators & Hubs
This Putin Ally Wants to Get in on the Bitcoin Mining Craze
Fortune
A company co-owned by one of President Vladimir Putin’s internet advisers plans to raise the cryptocurrency equivalent of as much as $100 million in a push to help Russian entrepreneurs challenge China in bitcoin mining.
FAO: Want to help Russia “to reach up to 30 percent share in global cryptocurrency mining” ? And to get 18 percent of the revenue? Check this new Russian ICO.
Opinion
Cryptocurrency Is A Bubble, Revisited
Clem Chambers - Forbes
Bubble markets look the same, be they dotcom bubbles, single stock bubbles or Bitcoin. They go up like a rocket and come down like a rock.
FAO: The anatomy of market bubbles with a focus on the “cryptoverse”.
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News.
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News
Read more by MarketSlant Editor